Everyday, there are thousands of charities looking for donations. However, the question on most people’s mind is how efficiently do the charity I donate to handle the money? How much of the donations are they using for actual programs?
Below is a list of the best health related charities to donate to based on their financial documents.
- American Kidney Fund
- American Red Cross
- Michael J. Fox Foundation for Parkinson’s Research
The American Kidney Fund‘s mission is to help people fight kidney disease and live healthier lives. In 2014, the American Kidney Fund provided treatment-related grant assistance to more than 84,000 low-income dialysis patients in 50 states, and provided free kidney health screenings in cities across the country. The American Kidney Fund is the most efficient in handling its donations by spending a whopping 97% on programs directly related to its mission while costing only a measly $3 in fundraising for every $100 received. Tax ID 23-7124261.
Today, in addition to domestic disaster relief, the American Red Cross offers services in five other areas: community services that help the needy; communications services and comfort for military members and their family members; the collection, processing and distribution of blood and blood products; educational programs on preparedness, health, and safety; and international relief and development programs. 90% of its cash budget is spent on programs directly related to its mission while costing $18 in fundraising for every $100. Tax ID 53-0196605.
Established by actor Michael J. Fox in 2000, the Fox Foundation has since become the largest nonprofit funder of Parkinson’s disease research in the world. In 2010, the Fox foundation launched the first large-scale clinical study on evolution biomarkers of the disease at a cost of 45 million dollars over 5 years. 89% of its cash budget is spent on research while it takes $7 to raise every $100. Tax ID 13-4141945.